Answer:
Option (C) is correct.
Explanation:
Total overheads:
= Variable overheads + Fixed overheads
= ($3 × 70,000) + $665,000
= $875,000
Hence,
Predetermined overhead rate:
= Total overheads ÷ machine-hours
= ($875000 ÷ 70,000)
= $12.5/machine hour.
Hence,
total product costs
= Direct materials + Direct labors + Overheads
= (630 + 2,880 + (12.5 × 90))
= $4,635
Hence,
unit product cost = ($4635 ÷ 30)
= $154.50
Note: Table is missing, so it is attached with the answer.
Answer:
No
Explanation:
The new packaging did not improve the product itself.
According to the VRIO framework, in order for the packaging to be a valuable resource it has to enable the company to exploit opportunities or defend against threats, it also needs to help organizations to increase the perceived customer value by increasing differentiation or/and decreasing the cost of the product. If the resources do not meet this condition, it can lead to competitive disadvantage.
Answer:
Farming Art Inc. should deposit $284.42
Explanation:
Giving the following information:
Framing Art Inc. will need to purchase two new cashier machines in 2 years, for $148 each. A savings account pays 2% per year compounded quarterly.
Total cost=148*2= $296
To calculate the monetary value to deposit today, we need to use the following formula:
PV= FV/(1+i)^n
FV= 296
i= 0.02/4= 0.005
n=2*4= 8
PV= 296/1.005^8= $284.42
Answer:
True
Explanation:
One of the assumptions of this analysis is that it assumes a linear dependence on costs and income in the analysis interval.
A very useful tool when making strategic decisions, allowing to analyze different scenarios and individual projects, is the Cost-Volume-Profit.
Analysis (CVP) that works under the premise that variable costs increase in the same proportion that increases the sales of a product, while the fixed ones are independent of the volume of sales.
The CVP is useful both for planning and for evaluating results since it emphasizes the behavior of variable costs and the impact that a variation in sales volume can have on costs and benefits.
Regal Financial institution is a Savings and loan bank. Conventionally,S$L must have a Mortgage dominant of over 65%.
S&L are typically suitable for home loans than commercial banks because they have lower borrowing rates. their emergence was neccessitated by the exclusivity of commercial banks.
